MPG - Metro Glass

[Beagle]

....all business do this and no doubt do make the business more 'efficient'

But efficiences are generally 'shared' with the customers (price) so doesn't really improve margins - esp in any competitive industry

Like Emirates investing billions in shiny new A380 aircraft at approx. $500m a pop only to sell early bird 2018 tickets to selected European destinations for $1,499.
All those efficiencies given away.

[winner69]

somebody likened MPG to MVN ther other day

Could resist a laugh with this from MVN announcemet this morning - Business transformation plan launched targeting margin improvement and operational efficiency

[winner69]

i think if you dig deep there margin erosion is bigger than first thought

a 44% gross margin in 2nd half of F17 is pretty disasterous eh - should have been 53% normalised (of course)

[couta1]

Just gotta wait for that dead Possum bounce, just like that old chicken stock aye (Went to $1.05)

[winner69]

In my long life I have seen so so many instances of where efficiences and synergies and such things were going to make companies rich and great its not funny .....but invariably they were either never there to start with or if they did achieve some results the customers benefited.

Things always look so good on paper and in spreadsheets

[winner69]

Just gotta wait for that dead Possum bounce, just like that old chicken stock aye (Went to $1.05)

But don't forget a bounce is just a bounce

....and glass is sharp (like falling knives)

You can tell how long somebody been in the glass industry by how many fingers they have left

[Beagle]

In my long life I have seen so so many instances of where efficiences and synergies and such things were going to make companies rich and great its not funny .....but invariably they were either never there to start with or if they did achieve some results the customers benefited.

Things always look so good on paper and in spreadsheets

Very true mate and above Emirates deal a classic case in point. Flying all the way to Europe on a top notch carrier for $1,499, who would have thought...

Just gotta wait for that dead Possum bounce, just like that old chicken stock aye (Went to $1.05)

Woof woof. The hound might try and pick up some dead squashed unloved possum at $1 a piece, (opps wait, I'll be part of the squashed possum picture). Do I want it to go down, up or sideways ?

[Snow Leopard]

Wow. You would have thought that you would be clearly able to see the future of a glass manufacturer.

But the only thing that is transparently obvious is that Beagle says:
Fly Emirates!

Best Wishes
Paper Tiger

[Beagle]

LOL to Europe yes, everywhere else fly AIR

One thing is crystal clear, anyone subscribing at the IPO price of $1.70 has every right to be disappointed with this company.
Holders keep trucking on down and squashing possums...wonder for how much longer ?

[winner69]

Hope that bounce is coming soon couts